https://padlet.com/jenna_gilbreath/ubqspgdx5ult By Jenna Gilbreath en-us 2017-06-30 00:22:55 UTC 2024-10-01 12:25:21 UTC hello@padlet.com jenna_gilbreath https://padlet.com/jenna_gilbreath/ubqspgdx5ult/wish/177781580 PROMPT:  In a 2-3 well developed paragraphs that include at least 3-4 cited references to the reading,  explain how the potential investments of a retiree differs from a young person.  Then discuss your investment plans or the plans of someone you know personally.  Be specific and detailed.]]> 2017-06-30 00:25:18 UTC https://padlet.com/jenna_gilbreath/ubqspgdx5ult/wish/177781580 jenna_gilbreath https://padlet.com/jenna_gilbreath/ubqspgdx5ult/wish/177781762 “As people age, their priorities change, and so should their investment strategy” (10). So this means that potential investments of a retiree and a young person will be very different. When you are around the age of 25-35, “your goals might be paying off debt, saving for a down payment on a first home, establishing a college fund for your children, and/or putting away funds for retirement” (10). But “a good investment goal for this stage of life may be to put approximately 10 percent of your income toward retirement” (11). Around the age of 35-55 “are peak earning years, when saving for your children’s college education becomes a higher priority, you may want to buy a bigger house, and/or you should ramp up retirement savings” (11). But also at this time “ you should be saving 10 to 20 percent of your income for retirement – increasing the amount steadily over the years” (11). Then around the age of 55 you are about 10 years away from retirement. This is when “you may want to gradually shift more of your assets into fixed-income securities to achieve a better balance between growth and income. Income mutual funds, bond funds, and annuities can all play important roles in balancing your portfolio for retirement (11). These are the different potential investments of retirees and a young person.

]]> 2017-06-30 00:28:12 UTC https://padlet.com/jenna_gilbreath/ubqspgdx5ult/wish/177781762 jenna_gilbreath https://padlet.com/jenna_gilbreath/ubqspgdx5ult/wish/177781808 My dad has one main investment plan right now. He currently invests about 14% of his income for retirement. Also on top of that his work has a pension plan that helps give money for his retirement.]]> 2017-06-30 00:29:00 UTC https://padlet.com/jenna_gilbreath/ubqspgdx5ult/wish/177781808 jenna_gilbreath https://padlet.com/jenna_gilbreath/ubqspgdx5ult/wish/177781939 2017-06-30 00:32:33 UTC https://padlet.com/jenna_gilbreath/ubqspgdx5ult/wish/177781939